BTCUSD Hot Moments

BITFINEX:BTCUSD   Bitcoin / Dollar
BTC Hot Moments, nothing more to say, or, maybe a little would be fair:

MACD inidcator is very different for each timeframe, but this is likely since we are indecisive between bear and bull. Just MACD daily gives some indications that the bottom is close, either close behind or close in front of us.

EMA200, we are still little below.

All other analysis like fib circles or just resistence/support level comparisson lead to the conclusion, that on the way up are a lot of barriers which may need to be removed with one more lower low. I would agree. The psychological way up would be harder, but less cash intensive. We should not forget, that each sell has an equal big buy volume , nobody would buy if he would think it will not recover to higher levels from here.

Crypto-Longterm/Midterm investors might take a look here and click to the montly technical analysis . Maybe one can follow this the same way like we follow the car GPS navigations. I have no clue how accurate this is, we will se in a few days or weeks.

This is not financial advice, do your own research or ask professionals prior to investment. Do not invest based on this analysis or opinions.

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